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Rangoon Chinese Japanese Restaurant 294 Waterman Ave 3,608 SF Retail Building Smithfield, RI 02917 $975,245 CAD ($270.30 CAD/SF)

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EXECUTIVE SUMMARY

Excellent Hospitality Business Opportunity...Well-established and newly renovated restaurant and bar in a mixed suburban setting...Improvements include new roof and siding....
Totally renovated and updated interior....Previously approved for outdoor dining....legal occupancy is 99....Property zoned R20...The only allowable commercial us is restricted to a food and beverage operation....REDUCED!!!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,608 SF
Building Class
B
Year Built/Renovated
1950/2015
Price
$975,245 CAD
Price Per SF
$270.30 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.41 AC
Zoning
R20 - The only allowable commercial use is a food and beverage establishment. Any other use is restricted to residential (R20).
Parking
30 Spaces (8.31 Spaces per 1,000 SF Leased)

AMENITIES

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SMIT-000026-000000-000028A
Land Assessment
$189,238 CAD
Improvements Assessment
$382,123 CAD
Total Assessment
$571,360 CAD
  • Listing ID: 35633478

  • Date on Market: 2025-04-25

  • Last Updated:

  • Address: 294 Waterman Ave, Smithfield, RI 02917

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